MACOM to Demonstrate Latest Products for 5G and Data Center Applications at CIOE 2021

MACOM to Demonstrate Latest Products for 5G and Data Center Applications at CIOE 2021

LOWELL, Mass.–(BUSINESS WIRE)–
MACOM Technology Solutions Inc. (“MACOM”), a leading supplier of semiconductor solutions, will showcase its optoelectronic and photonic components at the China International Optoelectronic Exposition (CIOE) 2021 in Shenzhen, China, September 16 – 18, Booth #6B71. The demonstrations feature new product additions to MACOM’s broad portfolio of optoelectronic and photonic components.

MACOM’s CIOE 2021 Demonstrations Include:

112 Gbps TIA Family for DR and FR Single Mode Applications

MACOM will demonstrate a Gold Box evaluation board which includes MACOM’s 4×100 Gbps MATA-03819 transimpedance amplifier (TIA) and MACOM’s BSP56 photodetector (PD). The display will highlight the MATA-03819 TIA’s leading bit-error-performance.

10 Gbps Components for PON Applications

MACOM will demonstrate its latest 10 Gbps passive optical network (PON) component solution for XGPON and XGSPON spanning its portfolio of TIAs, drivers, photodiodes and lasers. Displaying industry leading performance, MACOM will highlight the MALD-02186 multi-PON combo chip (OLT), MALD-02188 XGPON combo chip (OLT), MALD-02183 XGPON combo chip (ONU), MALD-02181 XGSPON combo chip (ONU), MATA-02239 10Gbps BM TIA (OLT), MATA-02240 10 Gbps TIA (ONU), MAOD-127D02IL1T0 – XGPON laser, MAOD-127D10I-LCT0 – XGSPON laser, MARP-FSAPD10A PD (ONU) and MARP-FSAPD10B/ 32445-02 PD (OLT).

200 Gbps and 400 Gbps Chip-Set for SR Multimode Applications

MACOM will demonstrate a two-chip analog solution for short reach 200 Gbps QSFP and 400 Gbps OSFP, as well as QSFP-DD modules and AOC data center applications. The first chip is a 4×53 Gbps PAM-4 CDR and TIA, and the second is a 4×53 Gbps PAM-4 CDR and VCSEL driver. The chipset will demonstrate IEEE standard compliant bit error rate (BER) performance and Open Eye MSA transmit eye compliance, while displaying interoperability with an Ethernet switch.

50 Gbps Reference Design for 5G Wireless Mid Haul Applications

MACOM will demonstrate its 50 Gbps reference design for 5G wireless mid haul applications. This demonstration will feature a complete 50 Gbps PAM-4 QSFP28 reference design, using all MACOM components. The demo platform is a 20-kilometer optical link with single mode fiber using a 1310 nanometer wavelength. The reference design showcases MACOM’s new PRISM-50D DSP with integrated DML driver, a 26 GBaud 1310 I-temp laser, a 26 GBaud PIN photodiode, and a 26 GBaud PAM-4 TIA.

Members of MACOM’s engineering, applications and sales teams will be available at Booth #6B71 to answer product-related questions. To schedule a meeting, please contact MACOM sales.

Show Information:

Shenzhen Convention and Exhibition Center

• Thursday, September 16th

9:00 AM – 5:30 PM

• Friday, September 17th

9:00 AM – 5:30 PM

• Saturday, September 18th

9:00 AM – 4:00 PM

For more information, visit Booth #6B71 at CIOE or contact us via www.macom.com.

ABOUT MACOM:

MACOM designs and manufactures semiconductor products for Telecommunications, Industrial and Defense and Datacenter applications. Headquartered in Lowell, Massachusetts, MACOM has design centers and sales offices throughout North America, Europe and Asia. MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard. MACOM, MACOM Technology Solutions and related logos are trademarks of MACOM Technology Solutions Holdings, Inc. All other trademarks are the property of their respective owners.

FOR SALES INFORMATION, PLEASE CONTACT:

North Americas – +1.800.366.2266

Europe – Phone: +353.21.244.6400

India – Phone: +91.80.43537383

China – Phone: +86.21.2407.1588

Ozzie Billimoria

978-935-6569

KEYWORDS: China United States North America Asia Pacific Massachusetts

INDUSTRY KEYWORDS: Networks Semiconductor Data Management Technology Telecommunications

MEDIA:

The EOS Revolution Continues: Canon Officially Announces the Company’s Most Technologically Advanced Full-Frame Mirrorless Camera, the Professional-Grade EOS R3

PR Newswire

MELVILLE, N.Y., Sept. 14, 2021 /PRNewswire/ — Building on the success of the EOS R camera series, Canon U.S.A. Inc., a leader in digital imaging solutions, today announced the next leap forward in full-frame mirrorless cameras – the professional-grade Canon EOS R3. The new camera leverages the advancements in technology that Canon has developed since the original EOS R launch in 2018 and bridges the gap between the immensely popular EOS R5 and the world-renowned Canon flagship EOS-1D X line. The EOS R3 is the first “3” series camera from Canon since the widely used EOS-3 film camera launched in 1998.

The EOS R3 camera’s features greatly emphasize superb AF performance and speed with fast-moving subjects. It was designed to meet the reliability and durability demands of professionals, even when working in some extremely challenging conditions.

“The launch of the EOS R3 sets a new benchmark for the Canon EOS R camera system. Canon listened carefully to the voices of professionals when developing a camera to meet their standards,” said Tatsuro “Tony” Kano, executive vice president and general manager of Canon U.S.A.’s Imaging Technologies & Communications Group. “The EOS R3 is a monumental evolution in digital imaging technology. I look forward to seeing the camera in action on the sidelines of sporting events and in the hands of nature and wildlife photographers across the globe.”

The core of the EOS R3 features a Canon designed and manufactured 24.1-megapixel back-illuminated stacked CMOS sensor. The sensor is the first of its kind from Canon, and when combined with the DIGIC X processor, delivers a high-speed readout allowing for continuous blackout-free shooting1 at up to 30 fps in electronic (silent) shutter mode and up to 12 fps in mechanical shutter, with minimum rolling electronic shutter distortion. The combination also increases the high sensitivity, light-capturing efficiency of a native ISO range of 100-102400, expandable up to 204,800 for still images. Like the EOS R5 and R6, the camera features the improved Dual Pixel CMOS AF II with 1,053 AF Points and evolved EOS iTR tracking down to EV -7.5 for subjects such as eye, face, head, animals2, and select cars and motorcycles. In addition, the camera features up to 8 stops3 of in-body image stabilized (IBIS) shake correction.

Leveraging technology and performance feedback from the popular EOS R5 and EOS R6 cameras, the EOS R3 uses Deep-Learning technology to further enhance eye and body detection for even better performance during portrait and action-type shooting. Featuring a new 5.76-million-dot and 120fps blackout-free1 Electronic Viewfinder, the EOS R3 camera will provide photographers with the ability to select the initial area for AF tracking by simply looking directly at the viewfinder location where they want to begin AF. With Eye input AF2 and Servo AF activated, the camera will focus on and track moving subjects at that location in the frame. When Face Detect + Tracking is active, the camera will continue to follow moving subjects around the entire active AF area.

The EOS R3 camera doesn’t just capture spectacular still images, it also packs impressive video specs as well. The camera is capable of shooting 6K 60p RAW and 4K 120p 10-bit uncropped video with Canon Log 3 support, in addition to the possibility for oversampled 4K and RAW movie internal recording. Canon Log 3, which is frequently used in cinema production, helps to reduce the possibility of highlight blowouts. What’s more, the features such as industry standard BT.709, BT.2020 color gamuts, and cinema gamut help to maintain color and tonal consistency. Coordinated 5-axis IBIS helps to correct operator motion or shaking providing dependent video capturing even when using a lens without built-in Optical IS.

Additional features of the EOS R3 Full-Frame Mirrorless Camera include:

  • Canon’s next-generation Multi-Function Shoe that is compatible with a variety of accessories including the Speedlite EL-1, and new accessories such as the ST-E10 Speedlite Transmitter, External Mic and Smartphone Link Adapter
  • One-piece magnesium alloy design, integrating the body with a vertical grip section
  • Weather and dust resistance equivalent to EOS-1D camera models.
  • Mobile File Transmitter application for iOS® and Android® devices allows photographers to transfer their images quickly and easily without the need for wired LAN equipment
  • Built-in Wired LAN, 5GHz Wi-Fi®, USB and Bluetooth® technology
  • Dual-card slots, supporting one CF express and one UHS-II SD

The Canon EOS R3 Full-Frame Mirrorless Camera is scheduled to be available in November 2021 for a suggested retail price of $5999.00*. For more information, please visit usa.canon.com

About Canon U.S.A., Inc.
Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $30.4 billion in global revenue, its parent company, Canon Inc. (NYSE: CAJ), ranks third overall in U.S. patents granted in 2020 and is one of Fortune Magazine’s World’s Most Admired Companies in 2020. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To keep apprised of the latest news from Canon U.S.A., sign up for the Company’s RSS news feed by visiting www.usa.canon.com/rss and follow us on Twitter @CanonUSA.

† Based on weekly patent counts issued by United States Patent and Trademark Office.

* Specifications, availability and price are subject to change without notice. Actual prices are set by individual dealers and may vary.

1 Blackout(s) may occur in some cases; such as when the built-in memory is full or when the flash battery is fully recharged after the battery ran out during continuous shooting.

2 Effectiveness varies depending on the subject. In some cases, dogs, cats or birds may not be detected, while some animals other than dogs, cats or birds may be detected. 

3 When combined with certain IS lenses such as the RF24-105mm F4 IS L USM, or when used with certain non-IS lenses as well. See individual lens product page for more information.

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SOURCE Canon U.S.A., Inc.

Canon Completes Another Chapter In The RF Lens Story – Introduces Two New Budget-Friendly Lenses For EOS R Full-Frame Mirrorless Users

PR Newswire

MELVILLE, N.Y., Sept. 14, 2021 /PRNewswire/ — Canon U.S.A., Inc., a leader in digital imaging solutions, today announced the RF16mm F2.8 STM and RF100–400mm F5.6–8 IS USM lenses. Both lenses invite current EOS R series users and those who are considering a move to Canon’s prominent mirrorless system, such as the EOS R or EOS RP, to expand their content creation abilities with the visual drama of an ultra-wide-angle lens and true telephoto-only zoom lens. As the “lens first” EOS R series continues to expand, these latest lenses open the door to a wide-range of imaging creators, encouraging them to test the powers and possibilities of their art. 


Ultra-Wide Perspectives

Whether you are excited to start exploring the creative world of ultra wide-angle photography or someone who is looking to add another lens to expand your imaging offerings, the Canon RF16mm F2.8 STM is compact, lightweight and  affordable. Long gone are the days of optical corrections or sharpness challenges – the new ultra-wide, 16mm RF lens, for full-frame cameras, comes with a fast and bright f/2.8 maximum lens aperture, as well as smooth and brisk AF (autofocus). This lens is a strong addition to the landscape, architecture or travel photographer — but it also provides the vlogging creator and the EOS Webcam Utility software user the power to integrate environments into their imagery, with its super-wide coverage.

Additional features of Canon’s new ultra wide-angle prime lens with 16mm focal length F2.8 include:

  • STM Motor for smooth focusing when recording video
  • Compact size and light weight — similar to RF50mm F1.8 STM
  • Minimum focus distance of 5.11″
  • Maximum magnification of 0.26x
  • 43mm filter thread


Truly Telephoto Possibilities

The Canon RF100–400mm F5.6–8 IS USM provides users with a versatile and popular zoom range that brings subjects closer with ease. It’s an affordable and easily hand-holdable entry into the world of super-telephoto, full-frame photography and video. Offering superb performance and sharpness, the 100–400mm focal length provides a versatile range for all types of telephoto opportunities — be it portraits and documenting events, to sports, birding and wildlife. And, for the first time in a non-L-series lens, the RF100–400mm will accept optional Canon RF 1.4x and 2x tele extenders, offering even more telephoto potential in a lightweight package. Yes, the Canon RF100–400mm is an excellent gateway into the world of wildlife, nature, and sports photography. However, this lens and its super-telephoto abilities can also be leveraged for the video content creator or vlogger when compiling b-roll type footage or for subjects who are at a distance. 

Additional features of the Canon RF100-400mm include:

  • High image quality — similar to the well-regarded EF 70-300mm f/4-5.6 IS II USM
  • 100-400mm telephoto zoom range
  • Accepts optional Canon RF 1.4x and 2x extenders
  • F5.6 – F8 variable maximum aperture
  • Easy hand-held operation — lighter than EF70-300 IS II lens
  • Up to 5.5-Stops i optical IS and 6-stops ii correction with coordinated IS
  • Nano USM for high-speed and smooth AF
  • Smooth and nearly silent AF during video recording
  • Superb close-focusing — at 400mm, excellent 0.41x magnification
  • 9-blade aperture, for smooth backgrounds/foregrounds
  • 67mm filter thread


Pricing and Availability

The Canon RF16mm F2.8 STM and RF100–400mm F5.6–8 IS USM are scheduled to be available in October 2021 for an estimated retail price of $299.99 and $649.99, respectively*.

For additional information, please visit usa.canon.com.

About Canon U.S.A., Inc.
Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $30.4 billion in global revenue, its parent company, Canon Inc. (NYSE: CAJ), ranks third overall in U.S. patents granted in 2020 and is one of Fortune Magazine’s World’s Most Admired Companies in 2020. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To keep apprised of the latest news from Canon U.S.A., sign up for the Company’s RSS news feed by visiting www.usa.canon.com/rss and follow us on Twitter @CanonUSA.

†Based on weekly patent counts issued by United States Patent and Trademark Office.

*Specifications, availability and prices are subject to change without notice. Actual prices are set by individual dealers and may vary.


i

 Based on CIPA (Camera & Imaging Products Associations) standards. Testing performed at focal length of 400mm using EOS R


ii

 Based on CIPA (Camera & Imaging Products Associations) standards. Testing performed at focal length of 400mm using EOS R5

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SOURCE Canon U.S.A., Inc.

AMREP Reports First Quarter Fiscal 2022 Results

HAVERTOWN, Pa., Sept. 14, 2021 (GLOBE NEWSWIRE) — AMREP Corporation (NYSE:AXR) today reported net income of $1,637,000, or $0.22 per diluted share, for its 2022 fiscal first quarter ended July 31, 2021 compared to net income of $593,000, or $0.07 per diluted share, for the same period of the prior year.   Revenues were $10,507,000 for the first quarter of 2022 and $4,206,000 for the first quarter of 2021.

More information about the Company’s financial performance for the first quarters of 2022 and 2021 may be found in AMREP Corporation’s financial statements on Form 10-Q which have today been filed with the Securities and Exchange Commission and will be available on AMREP’s website (www.amrepcorp.com/sec-filings/).

AMREP Corporation, through its subsidiaries, is a major holder of land, leading developer of real estate and award-winning homebuilder in New Mexico.



FINANCIAL HIGHLIGHTS

    Three Months Ended July 31,
     
      2021     2020
         
Revenues   $ 10,507,000   $ 4,206,000
         
Net income (loss)   $ 1,637,000   $ 593,000
         
Income (loss) per share – basic   $ 0.22   $ 0.07
Income (loss) per share – diluted   $ 0.22   $ 0.07
         
Weighted average number of common shares outstanding – basic     7,346,000     8,151,000
Weighted average number of common shares outstanding – diluted     7,373,000     8,182,000
             

   
CONTACT: Adrienne M. Uleau
  Vice President, Finance and Accounting
  (610) 487-0907



Tappit and CLEAR Announce Strategic Partnership to Help Shape a Secure Contactless Future

White-Label Mobile Solutions Coupled with Identity Verification Offers Safe and Seamless Fan Experiences

PR Newswire

NEW YORK, Sept. 14, 2021 /PRNewswire/ — Tappit, the global cashless and data experts, and CLEAR (NYSE:YOU), the secure identity company, today announced a strategic partnership designed to expand and enhance their collective offerings for entertainment, professional sports, colleges and retail sites.

CLEAR’s mobile identity verification platform together with Tappit’s technology will soon offer clients a seamless experience for consumers to verify their identity and age for age restricted purchases, like alcohol, all on their mobile phones and without handling cash or cards. With Tappit’s and CLEAR’s technology, personal identity and payment information will be kept securely in-app, allowing customers to leave their wallets at home. From catching a game to paying for food and drinks, this relationship will combine the latest in identity verification, touchless payments and data technologies to herald a next-level consumer experience that puts health and security first.

“Our first priority at Tappit is to ensure a safe, frictionless experience for fans – allowing them to support their favorite teams or artists without worrying about spreading germs, or if their personal information is at risk,” said Tappit’s CEO, Jason Thomas. “We’re excited to be working with CLEAR to make the fan experience even better. Not only will the relationship help us maintain health and safety; it will allow for a more seamless and secure payment and identification process.”

“We are thrilled to partner with Tappit to help shape the future fan experience across sports stadiums and venues,” said CLEAR CEO Caryn Seidman-Becker. “Whether at the game or airport, you are always you and together this partnership is helping fans spend less time proving their identity and more time enjoying the game.”

Together, CLEAR and Tappit, will introduce a range of touchless payment solutions as they explore ways to enhance the post-pandemic fan experience as stadiums and other venues increase capacity limits. Working together, they will be seamlessly integrated into each team’s respective game day apps.

About CLEAR
With CLEAR, you are always you. CLEAR’s mission is to enable frictionless and safe journeys using your identity. With more than 7 million members and 100+ partners across North America, CLEAR’s identity platform connects you to the cards in your wallet – transforming the way you live, work and travel. Trust and privacy are the foundation of CLEAR. We have a commitment to members being in control of their own information and never sell member data. CLEAR is at the highest level of security by U.S. government regulators and is also certified as Qualified Anti-Terrorism Technology under the SAFETY Act.

About Tappit
Tappit are the global cashless and data experts. Providing a unique end-to-end solution including cashless payment, white-label payment apps, mobile pay, RFID and event analytics – Tappit’s solutions enhance live event experiences and physical spaces, providing technology and data to the organizers, which in turn improves customer experience and increases profitability. Tappit brings event organizers and venues closer to their customers, giving them control over their payment solutions whilst providing actionable insights to make events even better. To find out more, visit tappit.com.

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SOURCE CLEAR

Greenidge Generation Announces Closing of Merger with Support.com

First Publicly Traded, Vertically Integrated Bitcoin Mining Company that is 100% Carbon Neutral

PR Newswire

DRESDEN, N.Y., Sept. 14, 2021 /PRNewswire/ — Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the “Company”), a vertically integrated bitcoin mining and power generation company, has closed its previously announced merger with Support.com, Inc. (“Support.com”) (formerly NASDAQ: SPRT).

Greenidge expects its Class A Common Stock to commence trading tomorrow morning on the NASDAQ Global Select Market (“NASDAQ”) under the ticker “GREE.”  Support.com will continue to operate its existing lines of business as a wholly owned subsidiary of Greenidge. The combined company will be led by Greenidge Chief Executive Officer Jeff Kirt.

“The completion of this transaction marks a critical milestone in our journey, expanding our industry leadership as the first publicly traded, vertically integrated power generation and bitcoin miner of scale in North America,” Kirt said. “We are poised to create significant value by combining public market growth capital with our 100% carbon-neutral bitcoin mining business model as we expand our operations to additional locations, including our anticipated South Carolina facility.”

As previously announced, the exchange ratio for the merger has been determined and Support.com shareholders will receive 0.115 shares of Greenidge Class A Common Stock for each share of Support.com Common Stock held prior to closing. 

A Form 8-K containing more detailed information regarding the merger transaction will be filed with the Securities and Exchange Commission.

###

About Greenidge Generation Holdings Inc.

Greenidge Generation Holdings Inc. is a vertically integrated bitcoin mining and power generation company. Greenidge is committed to 100% carbon-neutral bitcoin mining at all of its locations by utilizing low-carbon sources of energy and offsetting its carbon footprint. Greenidge currently operates one facility in Upstate New York and expects to expand operations to a second location in South Carolina in the upcoming months, which will source the majority of its electricity from zero-carbon sources.

About Support.com, Inc.

Support.com, Inc. is a leading provider of customer and technical support solutions delivered by home-based employees. For more than twenty years, Support.com has achieved stellar results for global enterprise clients and top-tier businesses. Support.com’s proven, omnichannel solutions have been specifically designed and optimized for the homesourcing™ environment, resulting in industry-leading NPS scores and first call resolution rates. Support.com efficiently meets changing client needs through its highly scalable, global network of home-based employees and secure, proprietary, cloud-based platforms. For more information, please visit www.support.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements for purposes of federal and state securities laws. These forward-looking statements involve uncertainties that could significantly affect our financial or operating results. These forward-looking statements may be identified by terms such as “anticipate,” “believe,” “continue,” “foresee,” “expect,” “intend,” “plan,” “may,” “will,” “will,” “could,” and “should,”  and the negative of these terms or other similar expressions. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Forward-looking statements in this document include, among other things, statements regarding the prospects, development, business plan, business strategy and operations of Greenidge in the future. Forward-looking statements contained in this press release include, but are not limited to, statements concerning the current and future build out and acquisition plans of Greenidge. Forward-looking statements are subject to a number of risks, uncertainties and assumptions. Matters and factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements include but are not limited to the matters and factors described in Greenidge’s Risk Factors set forth in its filings with the Securities and Exchange Commission, as well as statements about or relating to or otherwise affected by: (i) the ability to recognize the anticipated objectives and benefits, including the anticipated tax treatment, of the acquisition of Support; (ii) changes in applicable laws, regulations or permits affecting Greenidge’s operations or the industries in which it operates, including regulation regarding power generation, cryptocurrency usage and/or cryptocurrency mining; (iii) any failure to obtain adequate financing on a timely basis and on acceptable terms with regard to growth strategies or operations; (iv) fluctuations in the market pricing of bitcoin and other cryptocurrencies; (v) loss of public confidence in, or use cases of, bitcoin and other cryptocurrencies; (vi) the potential of cybercrime, money laundering, malware infections and phishing, and the costs associated with such issues; (vii) the potential of cryptocurrency market manipulation; (viii) the economics of mining cryptocurrency, including as to variables or factors affecting the cost, efficiency and profitability of mining; (ix) the availability, delivery schedule and cost of equipment necessary to maintain and grow the business and operations of Greenidge, including mining equipment and equipment meeting the technical or other specifications required to achieve our growth strategy, (x) the possibility that Greenidge may be adversely affected by other economic, business or competitive factors, including factors affecting the industries in which it operates or upon which it relies and is dependent; (xi) the ability to expand successfully to other facilities, mine other cryptocurrencies or otherwise expand the business; (xii) changes in tax regulations applicable to us, our assets or cryptocurrencies, including bitcoin; (xiii) any litigation involving Greenidge; (xiv) costs and expenses relating to cryptocurrency transaction fees and fluctuation in cryptocurrency transaction fees; (xv) the condition of our physical assets, including that Greenidge’s single operating facility may realize material, if not total, loss and interference as a result of equipment malfunction or break-down, physical disaster, data security breach, computer malfunction or sabotage; (xvi) other risks and uncertainties related to the business plan, business strategy, acquisition strategy and buildout strategy of Greenidge; (xvii)the potential economic fallout resulting from the COVID-19 outbreak. No assurance can be given that these are all of the factors that could cause actual results to vary materially from the forward-looking statements in this press release. The actual results, performance, or achievements of Greenidge could differ materially from the results expressed in, or implied by, any forward-looking statements. All forward-looking statements speak only as of the date of this press release and Greenidge does not assume any duty to update or revise any forward-looking statements included in this press release, whether as a result of new information, the occurrence of future events, changes in assumptions or otherwise, after the date of this press release.

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SOURCE Greenidge Generation Holdings Inc.

Century Bancorp, Inc. Announces Quarterly Dividend Declared

Century Bancorp, Inc. Announces Quarterly Dividend Declared

MEDFORD, Mass.–(BUSINESS WIRE)–
Century Bancorp, Inc. (NASDAQ:CNBKA)(www.centurybank.com) (“the Company”) today announced that the Company’s Board of Directors voted a regular quarterly dividend of 18.00 cents ($0.18) per share on the Company’s Class A common stock, and 9.00 cents ($0.09) per share on the Company’s Class B common stock. The dividends were declared payable October 15, 2021 to shareholders of record on October 1, 2021.

About Century Bancorp, Inc.

The Company, through its subsidiary bank, Century Bank and Trust Company, a state chartered full service commercial bank, operating twenty-eight full-service branches in the Greater Boston area and Southern New Hampshire, offers a full range of Business, Personal and Institutional Services.

Century Bank and Trust Company is a member of the FDIC and is an Equal Housing Lender.

Cautionary Note Regarding Forward-Looking Statements

This press release contains certain “forward-looking statements” with respect to the financial condition, results of operations and business of the Company. Actual results may differ from those contemplated by these statements. The Company wishes to caution readers not to place undue reliance on any forward-looking statements, which includes among other things, the ability of the Company and Eastern to satisfy the conditions set forth in the Agreement and Plan of Merger and disruptions to the Company’s business during the pendency of the proposed merger. Actual performance and results of operations may differ materially from those projected or suggested in the forward-looking statements due to certain risks and uncertainties, which are included in more detail in the Annual Report on Form 10-K, as updated by Quarterly Reports on Form 10-Q and other filings submitted to the SEC. The Company disclaims any intent or obligation to update publicly any such forward-looking statements, whether in response to new information, future events or otherwise.

William P. Hornby, CPA

[email protected]

Phone: 781-393-4630

Fax: 781-393-4071

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

Live Nation Entertainment Announces Launch Of $450 Million Common Stock Offering

PR Newswire

LOS ANGELES, Sept. 14, 2021 /PRNewswire/ — Live Nation Entertainment, Inc. (NYSE: LYV) (the “company”) announced that it intends to offer, subject to market and other conditions, $450 million of common stock registered under the Securities Act of 1933, as amended.

The company intends to use the net proceeds from the offering to fund the previously announced acquisition of 51% of the capital stock of OCESA Entretenimiento, S.A. de C.V. (the “OCESA Acquisition”). The company intends to use any remaining proceeds for general corporate purposes. The consummation of the offering of the common stock offered hereby is not conditioned upon the completion of the OCESA Acquisition.

Goldman Sachs & Co. LLC is acting as sole book-running manager for the offering.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities referred to in this press release, nor will there be any sale of any such securities, in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

We have filed a shelf registration statement on Form S-3 and such registration statement has become effective on September 14, 2021. The offering of these securities may only be made by means of a preliminary prospectus supplement and accompanying prospectus. Before you invest, you should read the applicable preliminary prospectus supplement and the prospectus in that registration statement and other documents we have filed with the SEC for more complete information about us and the offering. You may get these documents free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, we, the underwriter or any dealer participating in the applicable offering will arrange to send you the applicable preliminary prospectus supplement and the accompanying prospectus upon request to: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, or by telephone at (866) 471-2526, or by email at [email protected].

Forward-Looking Statements

This news release contains forward-looking statements, including statements related to the offering and the expected use of the net proceeds, which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, without limitation, risks related to whether the company will consummate the offering of the common stock on the expected terms, or at all, the trading price and volatility of the company’s common stock, market and other general economic conditions, and the fact that the company’s management will have discretion in the use of the proceeds from any sale of the common stock. The company refers you to the documents it files with the Securities and Exchange Commission, specifically the section titled “Item 1A. Risk Factors” of its Annual Report on Form 10-K for the year ended December 31, 2020 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2021 and June 30, 2021, which contain and identify important factors that could cause actual results to differ materially from those contained in the company’s projections or forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. Based upon changing conditions, should any risk or uncertainty that has already materialized, such as, for example, the risks and uncertainties posed by the global COVID-19 pandemic, worsen in scope, impact or duration, or should one or more of the currently unrealized risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described in any forward-looking statements. The company undertakes no obligation to update any forward-looking statement, whether as a result of changes in underlying factors, new information, future events or otherwise.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/live-nation-entertainment-announces-launch-of-450-million-common-stock-offering-301376851.html

SOURCE Live Nation Entertainment

Verizon to offer all-new iPhone 13 lineup, iPad and iPad mini with orders starting 9/17


Current and new Verizon customers can get an iPhone 13 on us with select trade-in on select Unlimited plans



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BASKING RIDGE, N.J., Sept. 14, 2021 (GLOBE NEWSWIRE) — Verizon will offer the best-ever lineup of iPhone and iPad, including the innovative and elegant iPhone 13 Pro, iPhone 13 Pro Max, iPhone 13, and iPhone 13 mini, the highly capable and affordable iPad (9th generation) and iPad mini with a new all-screen design.

Redesigned inside and out, iPhone 13 Pro and iPhone 13 Pro Max introduce the most advanced pro camera system ever on iPhone, Super Retina XDR display with ProMotion, improved battery life, the Apple-designed A15 Bionic chip with 5-core GPU and an advanced 5G experience. iPhone 13 and iPhone 13 mini feature the most advanced dual camera system ever in iPhone and the powerhouse A15 Bionic chip in a sleek and durable design. iPad mini features an all-screen design, the A15 Bionic chip, 5G, Center Stage, and more. iPad features the Apple-designed A13 Bionic, Center Stage, True Tone, and now starts with double the storage.

Customers will be able to pre-order the iPhone 13 lineup on September 17, with availability on September 24. Customers can also order iPad mini and iPad beginning on September 17, with availability on September 24.

“I can’t wait to see what amazing things our customers do with the new iPhone 13 models on Verizon 5G. Last year, we made 5G real with the launch of 5G Nationwide on the first 5G iPhone and the addition of even more 5G Ultra Wideband cities across the country,” said Ronan Dunne, Executive VP & CEO, Verizon Consumer Group. “Since then, Verizon 5G Ultra Wideband has expanded even further, with availability in parts of more than 80 U.S. cities, 60 stadiums and arenas and 13 airports. And it continues to broaden and evolve as we get ready to leverage C-band spectrum to supercharge the experience.”

“We’re thrilled Verizon is offering the innovative iPhone 13 Pro, iPhone 13 Pro Max, iPhone 13, and iPhone 13 mini, all with beautiful designs, unparalleled new camera systems, powerful A15 Bionic chip, and an advanced 5G experience,” said Greg Joswiak, Apple’s senior vice president of Worldwide Marketing. “And with Verizon’s 5G Ultra Wideband network, customers can expect the new iPhone 13 lineup to work in even more places on 5G for greater speeds and experiences.”

Introducing iPhone 13

Featuring an advanced 5G experience with more 5G bands, the iPhone 13 lineup works in more places on 5G for greater coverage and performance2. Available in four stunning finishes — graphite, gold, silver, and the all-new sierra blue — iPhone 13 Pro and iPhone 13 Pro Max, introduce an all-new Super Retina XDR display with ProMotion featuring an adaptive refresh rate up to 120Hz, making the touch experience even faster and more responsive. They also introduce the best battery life ever on iPhone with iPhone 13 Pro Max, lasting up to two and a half hours longer in a day than iPhone 12 Pro Max, a new storage capacity of 1TB, and are protected by the Ceramic Shield front cover, tougher than any smartphone glass. With new Ultra Wide, Wide, and Telephoto cameras, the pro camera system gets its biggest advancement ever capturing stunning photos and video, powered by the Apple-designed A15 Bionic. These technologies enable impressive new photo capabilities like macro photography on the new Ultra Wide camera and up to 2.2x improved low-light performance on the new Wide camera, and new computational photography features like Photographic Styles to personalize the look of images in the Camera app, and Night mode on all cameras. Video takes a huge leap forward offering Cinematic mode for beautiful depth-of-field transitions, macro video, Time-lapse and Slo-mo, and even better low-light performance. Both models also offer end-to-end pro workflows in Dolby Vision, and for the first time, ProRes, only available on iPhone.

The next generation iPhone 13 and iPhone 13 mini feature a beautiful design with sleek flat edges in five gorgeous new colors — pink, blue, midnight, starlight and (PRODUCT)RED3. Both models feature major innovations including the most advanced dual-camera system ever on iPhone — with a new Wide camera with bigger pixels and sensor-shift optical image stabilization offering improvements in low light photos and videos, a new way to personalize the camera with Photographic Styles, and Cinematic mode, which brings a new dimension to video storytelling. Equipped with the Apple designed A15 Bionic, iPhone 13 and iPhone 13 mini also boast super-fast performance and power efficiency, longer battery life, a brighter Super Retina XDR display that brings content to life, incredible durability with the Ceramic Shield front cover, double the entry-level storage at 128GB, an industry-leading IP68 rating for water resistance and an advanced 5G experience.

Next-generation iPad and iPad Mini

The new iPad mini delivers an amazing experience in a gorgeous new array of colors — pink, starlight, purple, and space gray — with a larger 8.3-inch Liquid Retina display. Featuring the Apple-designed A15 Bionic chip, iPad mini delivers up to 80 percent faster performance than the previous generation, making it the most capable iPad mini ever. With 5G now available on iPad mini, customers can do even more with faster wireless connectivity on the go. Users can now stay connected and be even more productive wherever they are. A new USB-C port allows faster connectivity, and new advanced cameras, Center Stage, and support for Apple Pencil (2nd generation) enable new ways for users to capture photos and videos, communicate with loved ones, and jot down their ideas when creativity strikes.

iPad comes equipped with the powerful Apple-designed A13 Bionic chip, delivering a 20 percent performance boost over the previous generation, all while retaining its all day battery life4 and incredible value. For the first time, True Tone comes to the beautiful 10.2-inch Retina display on iPad, which adjusts screen content to the color temperature of a room. iPad also features a new 12MP Ultra Wide front camera with Center Stage, support for Apple Pencil (1st generation) and Smart Keyboard, the intuitive iPadOS 15, and starts with 64GB of storage — twice the storage from the previous generation.

Maximize your 5G experience.

iPhone 13 Pro, iPhone 13 Pro Max, iPhone 13, and iPhone 13 mini give you access to all of Verizon’s 5G flavors, including upcoming enhancements to 5G Ultra Wideband using C-band spectrum. Verizon 5G Ultra Wideband is super-fast with massive capacity and low lag, so you won’t miss a thing. Download your favorite movies in seconds5, play console-quality online games on the go and feel like you’re there in person during video chats and conference calls. It’s like having the fast lane where you need it most.

Our best promotions on the best network

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Because everyone — new customers, existing customers, businesses — deserves better, Verizon is making it easier than ever to upgrade to a new iPhone 13 Mini, iPhone 13, iPhone 13 Pro and iPhone 13 Pro Max and we’re offering some amazing perks on select Verizon Unlimited plans.

  • Current and new Verizon customers can get up to $800 off across the new iPhone 13 lineup with select trade-in on select unlimited plans, plus get up to $500 to help cover the cost of switching1 for a total of up to $1,300 off any of the new models. That’s an iPhone 13 on us.
  • Apple Music, with over 75 million songs, thousands of playlists, daily selections from the world’s best music experts, the groundbreaking Apple Music radio, and innovative features like time-synced lyrics, is currently included, at no additional cost, with the Get More Unlimited plan. And for those choosing Play More Unlimited, Do More Unlimited or Start Unlimited, you can still get six months of Apple Music on us (then $9.99 a month afterwards)7.
  • The new iPhone 13 line-up lets you experience your favorite games like never before. To make it easier to get in on the action, new and existing Verizon customers get six months of Apple Arcade on us with “Start” and “Do More” Unlimited plans, or 12 months on us with “Play More” or “Get More” Unlimited plans (Then, $4.99/mo after)8.

All offers are open to Verizon consumer and small- and medium-size business customers.

Find the #Hidden13

To celebrate the launch of the new iPhone 13 lineup, Verizon is launching H1dd3n — a first-of-its-kind audiovisual treasure hunt hidden in the metaverse. Verizon, pop art sensation FriendsWithYou, and Grammy®-nominated artist Halsey came together to create a majestic augmented reality (AR) playground.

Starting Sept. 18, in select Verizon 5G public spaces, across five major cities — New York, LA, Chicago, Miami, and Seattle — you can use any iPhone to snap a QR code on nearby signage and enter the immersive AR experience. Once inside, you can explore larger-than-life art, listen to Halsey’s new track, “Darling,” search for the hidden 13, and share on Twitter for a chance to win a new iPhone. Fans at home will be able to participate online starting Sept. 17 by generating unique FriendsWithYou character art and sharing on Twitter for a chance to win.

For more details on pricing and data plans, visit verizonwireless.com/apple starting September 16.

Business customers can visit Verizon Business Group for more information.

For more details on Apple products, visit apple.com.

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5G
Ultra Wideband
available only in parts of select cities. 5G Nationwide available in 2700+ cities. Up to $1599.99 device payment purchase w/new or upgrade smartphone line on select Unlimited plans req’d. Up to $500 Virtual Prepaid Mastercard (sent w/in 8 wks after receipt of final bill from carrier) w/port-in. Less up to $800 trade-in/promo credit applied over 24/30 mos.; promo credit ends if eligibility req’s are no longer met; 0% APR. Trade-in conditions apply.

2Data plan is required. 5G, Gigabit LTE, VoLTE, and Wi-Fi calling are available in select markets and through select carriers. Speeds are based on theoretical throughput and vary based on site conditions and carrier. For details on 5G and LTE support, customers can contact their carrier or visit apple.com/iphone/cellular.

3Every iPhone 13 (PRODUCT)RED purchase now contributes directly to the Global Fund to combat pandemics like COVID-19 and AIDS.

4Battery life varies by use and configuration.

5Download speeds may vary depending upon network and coverage conditions, and content optimization for 5G Ultra Wideband.

6Based on the RootMetrics® US, state, and metro RootScore® Reports: 2H 2013-1H 2021. Tested with best commercially available smartphones on 3 mobile networks across all available network types. Your experiences may vary. The RootMetrics award is not an endorsement of Verizon.

7Listen to 75 million songs ad-free, or download your favorite tracks and play them offline for 6 months – on us. Then $9.99/mo + taxes after. Cancel anytime. (For NM residents, Apple Music ends automatically after 6 mos.)

812 months or 6 months Apple Arcade on us requires line activation on select Unlimited plans. Must be 18 yrs or older. After respective 12 month or 6 month promo period ends, subscription will auto-renew at $4.99+tax/mo unless you cancel.Cancel anytime. One offer per eligible Verizon account. Add’l terms apply.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
George Koroneos
[email protected]
Twitter: @GLKcreative



Atlas Crest Investment Corp. Shareholders Approve Business Combination with Archer Aviation Inc.

Atlas Crest Investment Corp. Shareholders Approve Business Combination with Archer Aviation Inc.

NEW YORK–(BUSINESS WIRE)–
Atlas Crest Investment Corp. (NYSE: ACIC) (“Atlas Crest”), a special purpose acquisition company, announced that its stockholders approved all proposals related to the previously announced business combination (the “Business Combination”) with Archer Aviation Inc. (“Archer”) at a special meeting of stockholders held today (the “Special Meeting”). A Current Report on Form 8-K disclosing the full voting results will be filed with the Securities and Exchange Commission.

Approximately 96% of votes cast at the Special Meeting voted to approve the Business Combination.

In connection with the vote on the Business Combination, approximately 48.5% of eligible shareholders exercised redemption rights. The Business Combination will generate approximately $857.6 million of gross proceeds, including $600 million of proceeds from the PIPE.

The closing of the Business Combination is anticipated to occur on or about September 16, 2021. Following the closing, the combined company will be known as “Archer Aviation Inc.” and its common stock and warrants are expected to trade on the New York Stock Exchange under the new ticker symbols “ACHR” and “ACHR WS,” respectively, on September 17, 2021.

About Archer

Archer’s mission is to advance the benefits of sustainable air mobility. Archer’s goal is to move people throughout the world’s cities in a quick, safe, sustainable, and cost-effective manner. Archer is designing and developing electric vertical takeoff and landing (eVTOL) aircraft for use in Urban Air Mobility. Archer’s team is based in Palo Alto, CA. To learn more, visit www.archer.com.

About Atlas Crest

Atlas Crest Investment Corp. (NYSE: ACIC) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses and is sponsored by an affiliate of Moelis & Company, a leading global financial advisor to corporate executives, boards, entrepreneurs, financial sponsors and governments. The management team is led by Ken Moelis, Chairman, and Michael Spellacy, Chief Executive Officer, both of whom have had careers centered around identifying, evaluating and implementing organic and inorganic transformational growth and value creation initiatives across a broad range of industries. Atlas Crest priced its $500 million initial public offering on October 27, 2020.

Forward Looking Statements

Certain statements made in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding future events, the Business Combination between Atlas Crest and Archer, the estimated or anticipated future results and benefits of the combined company following the Business Combination, including the likelihood and ability of the parties to successfully consummate the Business Combination, future opportunities for the combined company, and other statements that are not historical facts. These statements are based on the current expectations of the management of Atlas Crest and Archer and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on, by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Atlas Crest and Archer. These statements are subject to a number of risks and uncertainties regarding the businesses of Atlas Crest and Archer and the Business Combination, and actual results may differ materially. These risks and uncertainties include, but are not limited to, the early stage nature of Archer’s business and its past and projected future losses; Archer’s ability to manufacture and deliver aircraft and its impact on the risk of investment; Archer’s dependence on United Airlines for its current aircraft orders and development process, and the risk that United Airlines cancels its contracts with Archer; risks relating to the uncertainty of the projections included in the model; the effectiveness of Archer’s marketing and growth strategies, including its ability to effectively market air transportation as a substitute for conventional methods of transportation; Archer’s ability to compete in the competitive urban air mobility and eVTOL industries; Archer’s ability to obtain expected or required certifications, licenses, approvals, and authorizations from transportation authorities; Archer’s ability to achieve its business milestones and launch products on anticipated timelines; Archer’s dependence on suppliers and service partners for the parts and components in its aircraft; Archer’s ability to develop commercial-scale manufacturing capabilities; regulatory requirements and other obstacles outside of Archer’s control that slow market adoption of electric aircraft, such as Archer’s inability to obtain and maintain adequate facilities and Vertiport infrastructure; Archer’s ability to hire, train and retain qualified personnel; risks related to Archer’s Aerial Ride Sharing Business operating in densely populated metropolitan areas and heavily regulated airports; adverse publicity from accidents involving aircraft, helicopters or lithium-ion battery cells; the impact of labor and union activities on Archer’s work force; losses resulting from indexed price escalation clauses in purchase orders and cost overruns; regulatory risks related to evolving laws and regulations in Archer’s industries; impact of the COVID-19 pandemic on Archer’s business and the global economy; the inability of the parties to successfully or timely consummate the proposed business combination; a decline in the value of Archer’s securities following the Business Combination if it fails to meet the expectations of investors or securities analysts; Archer’s inability to protect its intellectual property rights from unauthorized use by third parties; Archer’s need for and the availability of additional capital; cybersecurity risks; risks and costs associated with the ongoing litigation with Wisk Aero LLC; the dual class structure of Archer’s common stock, which will limit other investors’ ability to influence corporate matters; the ability of Atlas Crest or the combined company to issue equity or equity-linked securities in connection with the proposed Business Combination or in the future, and those factors discussed in Atlas Crest’s definitive proxy statement/prospectus, dated August 11, 2021 under the heading “Risk Factors,” filed with the SEC on August 11, 2021. If any of these risks materialize or if assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither Atlas Crest nor Archer presently know or that Atlas Crest and Archer currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Atlas Crest’s and Archer’s expectations, plans or forecasts of future events and views as of the date of this press release. Atlas Crest and Archer anticipate that subsequent events and developments will cause Atlas Crest’s and Archer’s assessments to change. However, while Atlas Crest and Archer may elect to update these forward-looking statements at some point in the future, Atlas Crest and Archer specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Atlas Crest’s or Archer’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Important Information for Investors and Stockholders and Where to Find It

In connection with the proposed Business Combination, Atlas Crest filed a registration statement on Form S-4, which was declared effective by the SEC on August 11, 2021, and a supplement to the definitive proxy statement/prospectus on August 30, 2021. The definitive proxy statement/prospectus was first mailed to the stockholders of Atlas Crest on August 12, 2021, and the supplement to the definitive proxy statement/prospectus, including a revised proxy card, was first mailed to the stockholders of Atlas Crest on or about August 30, 2021. Investors and security holders of Atlas Crest are urged to read the definitive proxy statement/prospectus, and any amendments or supplements thereto (including the supplement to the definitive proxy statement/prospectus) carefully and in their entirety because they contain important information about Atlas Crest, Archer and the proposed Business Combination. Investors and security holders may obtain copies of the definitive proxy statement/prospectus, the supplement to the definitive proxy statement/prospectus and other documents filed with the SEC by Atlas Crest through the website maintained by the SEC at www.sec.gov. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release.

No Offer or Solicitation

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval in any jurisdiction in connection with the transaction or any related transactions, nor shall there be any sale, issuance or transfer of securities in any jurisdiction where, or to any person to whom, such offer, solicitation or sale may be unlawful. Any offering of securities or solicitation of votes regarding the proposed Business Combination will be made only by means of the definitive proxy statement/prospectus and the supplement to the definitive proxy statement/prospectus.

For Investors

[email protected]

For Media

Louise Bristow

Archer

C: 818 398 8091

[email protected]

[email protected]

Andrea Hurst

Atlas Crest Investment Corp.

C: 347 583 9705

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Professional Services Air Transport Finance

MEDIA: